Seeking Alpha


Send Message
View as an RSS Feed
View divStrong's Comments BY TICKER:
Latest  |  Highest rated
  • Keep Calm And Exit BlackBerry [View article]
    "A recent report by Good Technology reveals that Apple has grown to command about 73% of the enterprise mobility segment."

    This is completely false. If you read the report carefully, "iOS activations made up 73 percent of total device activations in Q4" which is drastically different from claiming that AAPL commands 73% of the enterprise mobile market.

    Looks like the bears & shorts are going another round with BBRY, longs best brace themselves for an onslaught of FUD...
    Jul 31 09:43 AM | Likes Like |Link to Comment
  • Blackstone Plan Proves Value Was Taken By Treasury [View article]
    Great stuff as usual David and appreciate the update!
    Jul 30 04:45 PM | Likes Like |Link to Comment
  • Big Banks Hit With Monster $250 Billion Lawsuit In Housing Crisis [View article]

    Really appreciate that you focused on the least important question posed in my previous comment, not the dozen or so that followed which illustrate the fraud, recklessness, and outright theft that occurred during the height of the credit collapse.

    Do you really need me to explain the difference between obtaining a mortgage and buying a cup of coffee? Do you understand what the term 'fiduciary' means? Bankers have an ethical responsibility to make their customers aware of the risks & costs involved with purchasing any financial asset, yet all those standards were flushed down the toilet during the height of the housing bubble.

    To define how the banks promoted their loans as 'Marketing' is an affront to the term: '100% FINANCING' 'NO MONEY DOWN' 'NO CREDIT? NO PROBLEM'. In this case, what you call 'marketing' I call 'fraud', and based on the recent multi-billion dollar settlements would seem that Chase, Wells, BoA and the like agree (without admitting any legal wrongdoing, of course).

    By the way, here in the USA you can already sue anybody for anything regardless of merit, so you are already living in that 'demented' world. Welcome.
    Jul 16 05:29 PM | 4 Likes Like |Link to Comment
  • Big Banks Hit With Monster $250 Billion Lawsuit In Housing Crisis [View article]
    @Jason B

    Not sure you actually read the article, but let's run with your theory anyway - how did said 'lobotomy patient' buy that home in the first place? Who told him he could afford it? Who originated that loan? Who performed supposed due diligence & signed off on the approval? Who then securitized that loan along with countless others to be traded on the secondary market? Who then rated those securities AAA for consumption by institutional investors when they were actually junk? Who then insured those bets via swaps, placing yet a third layer of leverage on top of it? Who then shorted the entire market once they realized the size of the nuclear bomb that was created from the aforementioned activities?

    The answer to all of those questions are the biggest financial institutions in the world, and ideally they are going to be saddled with fines & lawsuits so large they are forced to dissolve into more regional, manageable institutions to mitigate the massive risk their sheer existence poses to the global economy.
    Jul 16 03:39 PM | 42 Likes Like |Link to Comment
  • The Tesla Fear Mongering Must Stop [View article]
    Finally had a chance to get behind the wheel of a 2013 Model S and felt as though I had stepped into the future. Truly an amazing vehicle, and just hope they can scale production as planned, though it looks like TSLA may be in for a Q2 miss on deliveries if early analyst predictions hold any truth.

    On that note, a friend here in South Florida is looking to sell their 2013 Model S with 12,783mi (white w/black interior) and can ship domestic/international - please PM if interested in more details.
    Jul 7 09:58 AM | 2 Likes Like |Link to Comment
  • BlackBerry rallies as Passport images/specs leak [View news story]
    How would the public know BBRY has new phones in the pipeline, a wonderful turnaround plan, or that big funds are accumulating without events such as earnings calls, press releases, product leaks, etc.?

    I don't understand your gripe about information, since that's what investors make decisions upon. Typically when new information becomes available that triggers a buy, sell, hold, or short - is that not how you operate?

    Stocks don't typically move up/down 5+ points in a day without some 'event' triggering a mass decision by investors - what am I missing here?
    Jun 30 05:06 PM | Likes Like |Link to Comment
  • Here's Why There Is A Good Chance KB Home Will Crush Earnings Estimates On Friday [View article]
    Interesting reaction at the open, looks like most buyers took their position ahead of the call?
    Jun 27 09:45 AM | Likes Like |Link to Comment
  • The Disruption Of The Wireless Service Providers [View article]
    My dissent is only with the term 'disrupt', and seems that 'agitate' might be a better fit given that Cricket's success has not really changed the telecom landscape in any meaningful way. They threatened to, but then capitulated to AT&T's checkbook.

    Truly enjoyed the article, specifically the mention of FreedomPop which is a service I was not aware of previously.
    Jun 26 03:25 PM | Likes Like |Link to Comment
  • The Disruption Of The Wireless Service Providers [View article]
    "The threat of this was evident to the large players and last month, AT&T completed its $1.2 billion acquisition of the business. The success of Cricket shows that the market is ripe to be disrupted..."

    Appreciate the piece Jeffery, but isn't the above statement the biggest challenge to actually 'disrupting' the telecom establishment? Upstart XYZ threatens one of the Goliaths, so they cut a check to essentially make the problem go away. How long before ToS updates start going out to existing Cricket customers subtly explaining that the plan they thought they signed up for no longer exists?

    Quoting from a piece by ArtsTechnica on the topic @

    "The removal of Leap (which operates the well-known brand Cricket) from the marketplace is troubling, because its low-cost, prepaid price plans are particularly attractive to low-income consumers. While, among other things, AT&T has committed to offering a $40, unlimited plan for feature phones for 18 months, the best guarantee of consumer protection is competition, not promises."

    Seems that every time a true competitor emerges the passion to disrupt succumbs to the temptation of cashing in on these astronomical valuations. Not blaming Leap in the least for exiting with a 9-figure check, but until one of these 'disruptors' actually commits to establishing themselves as a long term player in the market, do not foresee any change in the oligarchy coming anytime soon.
    Jun 25 05:23 PM | 1 Like Like |Link to Comment
  • BlackBerry After Earnings: Running Out Of Fat To Trim [View article]
    "I might consider BBRY stock if its shares were trading significantly below book value. It would still be a risky bet, but there would be a modest margin of safety. Today, BlackBerry trades at about 20% above book value."

    Very true Charles, and had you been paying attention to the stock a month ago could have purchased BBRY at a hair above book value, or below if you were following/interested six months ago.

    Quoting a piece from Achilles Research earlier today:

    "BlackBerry holds about $5.86 per basic share in cash and investments. With a current share price of around $9, BlackBerry trades at just about a 50% premium to its (gross) cash position, highlighting an almost comical equity valuation."

    Do you seriously have valuation concerns at $9-10/share? What other positions in your portfolio are trading at 50% of their cash position?
    Jun 20 06:42 PM | 18 Likes Like |Link to Comment
  • BlackBerry Set To Scream After Chen Delivers On Earnings [View article]
    Tee hee... expect crickets & tumbleweeds for the foreseeable future!
    Jun 19 10:06 AM | 2 Likes Like |Link to Comment
  • Tesla's Got Momentum [View article]

    $28B valuation on a company that has never turned a profit is not an 'optimistic view of growth', it is pure speculation. 'Bull' is too soft a term, and reading SA commentary on Elon Musk 'Zealot' is probably more appropriate.
    Jun 18 05:49 PM | 1 Like Like |Link to Comment
  • Tesla's Got Momentum [View article]
    Can you plug a Tesla into a electrical outlet? No, you need to invest $600-1500 into a converter, so count up all the electrical sockets in the world and do the math...

    Do you really believe the major powers will sit idly by and allow ISIS to take control of oil refineries in Iraq?

    Al-baghdadi will eat a hellfire sandwich before the summer is out, the current insurgency will be quelled, and our attention will be taken by whatever the next Middle Eastern conflict may be.

    Meanwhile, the worldwide automotive industry will continue churning out ICE vehicles, parts, refining crude, et al until the EV infrastructure & supply chain are in place, which may take 10-25 years to fully materialize (unless another, better technology evolves).

    Again, I love the wide-eyed optimism about EV vehicles becoming the norm, but you have to realize how deeply integrated & dependent the entire planet is on ICE vehicles, and recognize the sweeping changes (and massive investment) that need to occur to change the status quo.

    Personally I find that TSLA bulls are overestimating the 'little guy', and completely underestimating the challenges & competition that lie ahead.

    And just a quick note on US history, the Brits were never 'kicked out' by the colonists, they simply decided to cut their losses from financing a very expensive war on foreign lands they likely could not hold - sound familiar?
    Jun 18 03:39 PM | Likes Like |Link to Comment
  • Tesla's Got Momentum [View article]
    "The real driver of Tesla stock yesterday was what happened in Iraq."

    No, it wasn't. It was a mass email that went out regarding launch of the Model X.

    "Why should anyone, with money, buy a vehicle that uses petroleum?"

    Because they are ubiquitous, affordable, and you can fuel them at just about every village, town, and city across this country (and the world).

    "That money eventually goes to those terrorists."

    That would include America, as we are the #3 oil producer on the planet, supplying nearly 10% of the world behind Russia & Saudi Arabia at about 13% & 12% respectively. Iraq is a distant #7, supplying less than 4%.

    While I laud your sentiment on sustainability, would strongly advise putting TSLA in perspective. GM produces more ICE vehicles by Wednesday of each week than TSLA does in a year. A rag tag group of militants marching toward Baghdad is not going to change any of that one way or the other.
    Jun 17 10:53 AM | 6 Likes Like |Link to Comment
  • Tesla Is Stuck In Neutral [View article]
    Nailed it Bill, when searching specifically for 'Model X' found the latest on CNN Money @

    Here again I find a lot of 'shoulds', 'ifs', and 'whens', and wonder at what point investors start demanding actual results as opposed to buying on promises. No doubt Elon Musk is a game changing CEO, but he is a mere mortal like the rest of us operating in an extremely challenging industry.
    Jun 16 04:52 PM | Likes Like |Link to Comment